Which of the following is a lagging economic indicator?

CA Foundation · Business Economics · MTP · June 2024
Which of the following is a lagging economic indicator?
(A) A. Consumer confidence index.
(B) B. Stock market performance.
(C) C. Unemployment rate.
(D) D. New housing starts.

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. Unemployment rate.

Topics: Business Cycles

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